Quantix (CCJ Top 250, No. 64) has acquired CLX Logistics, a provider of transportation management systems, managed services, supply chain consulting, brokerage, liquid bulk 3PL, intermodal, rail, international services and industry-leading technology and analytics products to customers across North America and Europe. Terms of the deal were not disclosed.
Quantix, based in The Woodlands, Texas, has extensive supply chain service offerings for the chemical industry and the addition of CLX adds a robust technology suite and managed supply chain solutions to support customers around the world across all modes, said Quantix President and CEO Chris Ball.
"This deal is a significant step for Quantix as a leader in the chemical 3PL market and will bring meaningful value to our customers as we integrate a wide-ranging set of offerings, technology and analytics products into our portfolio," said Ball.
Konrad Salaber, managing director at Quantix parent company Wind Point Partners nited the acquisition expands the 3PL business offering by adding liquid capabilities and by partnering with CLX "we have become one of the largest chemical 3PL companies in our network."
Quantix and CLX collectively form a platform with more than $2 billion in logistics spend and have approximately 5,400 owned assets, over 40 distribution centers and rail terminals and 3,300 partner carrier relationships and grows Quantix's presence in North American and European markets, making the combined company one of the world's largest providers in the nearly $100 billion global chemical supply chain logistics market.
CLX is the tenth acquisition for Quantix since 2019. In 2022, Quantix acquired seven tank fleets.
